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HomeMy WebLinkAbout086 - 07/17/1984 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND AND UNANTICIPATED REVENUE IN THE CAPITAL PROJE ORDINANCE NO. 86 , 1984 OF THE COUNCIL OF THE CITTUF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND AND UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND WHEREAS, Article V, Section 8, of the Council of the City of Fort Collins permits the Council to appropriate reserves accumulated in prior years at any time during the year; and WHEREAS, Article V, Section 15, of the Charter of the City of Fort Collins permits the Council to appropriate unanticipated revenue at any time during the year in which such revenue is received; and WHEREAS, Ordinance No. 9, 1984, authorized the use of 1984 Street Rehabilitation appropriations as an interim funding source for the Old City Hall Renovation; and WHEREAS, Council has committed to repaying the Street Rehabilitation Program from excess Sales & Use Tax Receipts. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS AS FOLLOWS: Section 1. That there is hereby appropriated from prior year reserves in the General Fund the sum of FOUR HUNDRED FIFTY-ONE THOUSAND NINE HUNDRED FIFTY-FOUR DOLLARS ($451,954) for transfer to the Capital Projects Fund. Section 2. That there is hereby appropriated from unanticipated revenue in the Capital Projects Fund the sum of FOUR HUNDRED FIFTY-ONE THOUSAND NINE HUNDRED FIFTY-FOUR DOLLARS ($451,954) for the Street Rehabil- itation Program. Introduced, considered favorably on first reading, and ordered pub- lished this 3rd day of July, A.D. 1984, and to be presented for final passage on the 17th day of July, A.D.J199J8-4. Mayor ATTEST: City Clerk Passed and adopted on final reading this 17th day of July A.D. 1984. Mayor e ATTEST: `` W-a City Clerk -2-